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SAP Opens Research and Development Center in Budapest, Hungary |
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Workforce Numbers in Newest SAP Labs Location Exceed Expectations
BUDAPEST, Hungary - July 01, 2005 - SAP AG (NYSE: SAP) today officially inaugurated its tenth research and development center in Budapest, Hungary. Located in Graphisoft Park, SAP Labs Hungary is encharged with the primary mission of developing new features and functionality for mySAP™ Supply Chain Management (mySAP SCM) and will also offer localization and language consulting services from SAP’s Globalization Services group.
With operations in Bulgaria, Canada, China, France, Germany, Hungary, India, Israel, Japan and the United States, SAP Labs integrate ideas and leading-edge technologies to develop solutions that address the business process needs of customers, specific industries and geographic regions, keeping SAP and its customers at the forefront of business innovation. As the newest location in the SAP Labs network, the facility in Hungary initially projected a staff of approximately 50 local software developers by mid-year and a workforce of 300 by the end of 2006. Given the wealth of local expertise in business solutions and technologies as well as a sound infrastructure, SAP Labs Hungary has already exceeded projections with a total of 100 software developers employed as of July 2005.
“The new SAP facility confirms Hungary’s growing importance in global IT,” said Ferenc Gyurcsany, prime minister of Hungary. “The Hungarian government is committed to supporting investors whose presence in Hungary ensures long-term foreign capital investment and expands the career opportunities of qualified local professionals.”
“The Graphisoft Park in Obuda and the SAP R&D center form a stronghold of knowledge and creativity,” said Gábor Demszky, mayor of Budapest. “Ensuring and developing these values will accelerate the growth of Hungary and Budapest and boost their competitiveness in Europe. These kinds of knowledge centers strive to utilize Hungarian intellectual capital to its full potential. Today thus marks the breakout point for the future of Hungary and Budapest.”
Innovation for Tomorrow’s Adaptive Business Networks
SAP Labs Hungary will be a key driver in expanding the capabilities of mySAP SCM applications to power tomorrow’s adaptive business networks for SAP customers, business partners and their customers. mySAP SCM enables adaptive supply chain networks by providing companies with planning and execution capabilities for managing enterprise operations as well as coordination and collaboration technology to extend those operations beyond corporate boundaries. As a result, companies can achieve measurable and sustainable improvements through cost reductions, service-level increases and productivity gains – ultimately leading to stronger profit margins.
Expertise for Global Business Solutions
In addition to its paramount mission of driving SCM innovation, SAP Labs Hungary will also host SAP’s Globalization Services group, which addresses all aspects of implementing global business solutions, including solutions spanning multiple languages and time zones, encoding systems such as Unicode, global system architectures, country-specific versions and translation of SAP applications and industry solutions. Globalization Services supports customers in formulating a coherent approach to global business, determining whether a global strategy is technically feasible and ensuring that globalization strategies meet business goals. The Globalization Services team within SAP Labs Hungary will focus on the emerging markets in Eastern Europe, with special attention to Russia.
“One of the primary goals of the SAP Labs network is to leverage the local expertise and knowledge from each geographic location,” said Henning Kagermann, CEO, SAP. “Each SAP Labs location has a different focus and set of responsibilities for product development, depending on the strengths of that particular region. With the newest SAP Labs location in Hungary, we aim to diversify our skill set even further and empower the local workforce to contribute to the most innovative research being conducted at SAP.”
About SAP
SAP is the world’s leading provider of business software solutions*. Today, more than 27,000 customers in over 120 countries run more than 91,500 installations of SAP® software—from distinct solutions addressing the needs of small and midsize businesses to enterprise-scale suite solutions for global organizations. Powered by the SAP NetWeaver™ platform to drive innovation and enable business change, mySAP™ Business Suite solutions are helping enterprises around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP industry solutions support the unique business processes of more than 25 industry segments, including high tech, retail, public sector and financial services. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.”
About SAP Labs
SAP Labs researches, designs, and delivers leading-edge software solutions that enhance and extend mySAP Business Suite. By creating knowledge, encouraging innovation, and investing in people and technology, SAP Labs develops solutions that enable SAP customers to improve their business processes and achieve their business objectives. SAP Labs represents a dynamic community within SAP's global research and development organization, sharing insights and promoting creativity on a worldwide basis. With operations in Bulgaria, Canada, China, France, Germany, India, Israel, Japan, and in the US, SAP Labs integrates ideas and leading-edge technologies that address the needs of specific industries and geographic regions, and keep SAP and its customers at the forefront of business success.
About SAP Hungary
SAP Hungary is one of the largest software vendors of the Hungarian IT market. The remarkable growth it has made over the years marks a true success story in the local financial and business community. The company has been present in the Hungarian market for nearly 15 years and has supplied solutions to almost 60 percent of Hungarian enterprises. Over the past few years it has become a reliable partner also to local small and midsize enterprises (SMEs). Its enterprise products are widely used by private and public sector organizations, utility companies, healthcare and higher education institutions, whereas its SME portfolio (mySAP™ All-in-One and SAP® Business One) enables companies of all sizes and industries to efficiently manage their business processes. The consulting and education services provided by SAP Hungary, a company employing over 140 people, have also contributed to making SAP to be a leading player in the Hungarian IT market. |
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